Free technical analysis on Hong Kong stock market, world stock markets, foreign exchange market, commodities market, as well as some important notes for being a successful trader.
Wednesday, April 11, 2012
Will this breakout happen? (2012-04-11 Gold analysis)
Gold price is now trying to break out the current downward flag shown in green. Given the divergence in MACD, it looks like it could break out successfully. If so, it will be heading straight to its previous high at 1790.
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